Reuters Breakingviews

08/12/2023

📺 Fast-fashion empire Shein tops the list of hotly anticipated IPOs in 2024, while Reddit and Golden Goose are among other hopefuls. But geopolitics and next year’s elections in the US and UK could cause disruption

Fast-fashion empire Shein tops the list of hotly anticipated market debuts in 2024, at a possible $90 bln valuation. Reddit and Golden Goose are among other IPO hopefuls. But geopolitics and next year’s elections in the US and UK could cause disruption, says Pamela Barbaglia.

07/12/2023

🎙️ The climate conference has seen its fossil fuel-rich UAE host criticized for appearing to contest the need to phase out oil. In this Viewsroom podcast, columnists discuss how the picture is a bit more complex

‎Show Viewsroom, Ep COP28 wrestles with the nuances of binning oil - 7 Dec 2023

04/12/2023

📺 Sterling rose 4% against the dollar last month because traders think UK rates will stay high to curb inflation. But a weak economy may require lower borrowing costs. Markets should brace for a reversal of current trends, says Francesco Guerrera

The UK currency was up 4% versus the dollar in November because traders believe rates will stay high in 2024 to curb inflation. Yet a feeble economy may need lower borrowing costs. Francesco Guerrera argues that forex markets should brace for a reversal of current trends.

01/12/2023

📺 Romania’s Digi Communications is expanding across Europe thanks to a low-cost model. It wants to hoover up assets that its larger rivals are forced to sell. With more competition ahead, the future of large telecoms players will be as challenging as their past, says Pamela Barbaglia

Digi Communications is expanding across Europe thanks to a low-cost model. It wants to hoover up assets that its larger rivals are forced to sell. With more competition ahead, the future of large telecoms players will be as challenging as their past, says Pamela Barbaglia.

30/11/2023

BVTV: Tesla boss Elon Musk is launching its Cybertruck after warning that it will be a financial drain. Rivals are ahead and will fight to guard their cash cows. Plus pickup buyers are dominated by electric skeptics:

Boss Elon Musk is launching the truck after warning that it will be a financial drain. Rivals are ahead and will fight to guard their cash cows. Plus pickup buyers are dominated by electric skeptics, Jonathan Guilford says.

28/11/2023

BVTV: Amazon’s aggressive push in delivery has now propelled its volume of US packages shipped past UPS and FedEx. explains how the expansion also helps increase the company’s ad sales and plumps the bottom line

The online retailer’s aggressive push in delivery has now propelled its volume of US packages shipped past UPS and FedEx. Subsidies for the service are growing, but Robert Cyran explains how the expansion also helps increase the company’s ad sales and plumps the bottom line.

20/11/2023

Watch: Anita Ramaswamy chats with NPR Marketplace's Matt Levin to unpick Google and Apple's complicated relationship, Meta's long-awaited return to China, and the perils of cybercrime:

On the show today, Meta strikes a preliminary deal with Chinese videogame maker Tencent, giving the company a chance to return to China after 14 years. We al...

16/11/2023

BVTV: Union workers are walking out at 200 locations of Starbucks during a promotion on Thursday. It’s likely to have little impact – both in the short and longer term:

Union workers are walking out at 200 locations of the $121 billion coffee company during a promotion on Thursday. It’s likely to have little impact – both in the short and longer term, says Lauren Silva Laughlin.

16/11/2023

BVTV: Union workers are walking out at 200 locations of Starbucks during a promotion on Thursday. It’s likely to have little impact – both in the short and longer term, explains

Union workers are walking out at 200 locations of the $121 billion coffee company during a promotion on Thursday. It’s likely to have little impact – both in the short and longer term, says Lauren Silva Laughlin.

16/11/2023

🎙️ Joe Biden and Xi Jinping resumed high-level communication following years of tension. But columnists tell Aimee Donnellan on the Viewsroom podcast that the warmer ties look flimsy

‎Show Viewsroom, Ep Biden and Xi’s warmer ties look flimsy - 16 Nov 2023

14/11/2023

Video: The executive chair of wrestling company TKO is selling shares after its tie-up with Endeavor’s UFC. That could be a preview to clarifying a confusing leadership structure involving Hollywood mogul Ari Emanuel:

The executive chair of wrestling company TKO is selling shares after its tie-up with Endeavor’s UFC. That could be a preview to clarifying a confusing leadership structure involving Hollywood mogul Ari Emanuel. Jennifer Saba says investors will win.

14/11/2023

🎙️ Israel has withstood the financial pain of a war with Hamas, the Atlantic Council’s William Wechsler tells Karen Kwok on The Exchange podcast. But as the conflict continues, an increasing labor shortage will pile pressure on the economy

‎Show The Exchange, Ep Labour is weak link in Israeli economic defences - 14 Nov 2023

13/11/2023

📺 Swedish pay-later group Klarna is profitable after a long spell of red ink. That bodes well for any future IPO. But to improve on its last $7 billion valuation, it’ll have to persuade public investors to value it like a fintech, not a bank

The Swedish pay-later group is profitable after a long spell of red ink. That should bode well for an IPO down the line. But to get an uplift on Klarna’s last $7 bln valuation, it will have to persuade public investors to value it like a fintech, not a bank, Karen Kwok argues.

10/11/2023

📺 Japan’s stock market delivered negative returns for decades. Now low corporate debt, a cheap currency and a power shift towards shareholders, backed by the state, are changing the dynamic. Edward Chancellor joins Peter Thal Larsen on Breakout to discuss

The country’s stock market delivered negative returns for decades. Now low corporate debt, a cheap currency and a power shift towards shareholders, backed by the state, is changing the dynamic. Edward Chancellor tells Peter Thal Larsen the recent strong run could last for years.

10/11/2023

BVTV: Industrial growth and low unemployment give Joe Biden plenty to campaign on. Yet stubbornly high inflation could squander that advantage. Biden’s economic scorecard shows a fragile lead, explains Ben Winck:

Industrial growth and low unemployment give the US president plenty to campaign on. Yet stubbornly high inflation could squander that advantage. Biden’s economic scorecard shows a fragile lead. The coming months will make or break it, Ben Winck explains.

09/11/2023

🎙️ Wind industry stocks like Orsted and Siemens Energy have been battered of late.

George Hay and Lisa Jucca join Aimee Donnellan on the Viewsroom podcast to discuss how trouble in the sector could encourage investors to back other clean energy segments like battery storage, cables and solar.

Listen here:

‎Show Viewsroom, Ep Wind woe opens door for alternative green ideas - 9 Nov 2023

07/11/2023

🎙️ Various medicines have run short over the past year amid supply chain disruptions and regulatory pressure. In this Exchange podcast, Dr. Steffen Denzinger tells Aimee Donnellan that drug shortages demand quick – but costly – action

‎Show The Exchange, Ep Drug shortages demand quick and costly action - 7 Nov 2023

06/11/2023

📺 The board of Telecom Italia has approved a 19 billion euro sale of its network to KKR, which Rome backs. This has angered top investor Vivendi, which plans to challenge the decision. The saga is bound to carry on, argues Lisa Jucca https://www.reuters.com/video/watch/bvtv-italian-telco-drama-idRCV00CH8X

03/11/2023

📺 Large deficits and higher interest rates are pushing up the cost of servicing rich countries’ hefty borrowings. Elusive growth, stubborn public spending and hawkish central banks don’t help. Felix Martin tells Peter Thal Larsen it’s no surprise investors are headed for the exit

Large deficits and higher interest rates are pushing up the cost of servicing rich countries’ hefty borrowings. Elusive growth, stubborn public spending and hawkish central banks don’t help. Felix Martin tells Peter Thal Larsen it’s no surprise investors are headed for the exit.

02/11/2023

Starbucks' quarterly profit rose 40%, an encouraging sign considering that customers tend to make their own joe when economic slumps arrive. Rising food sales, and customized drinks should help in the next downturn:

The $115 bln coffee chain brewed a rich 40% increase in quarterly profit, an encouraging sign considering that customers tend to make their own joe when economic slumps arrive. Rising sales of food and highly customized drinks should help in the next downturn. Ben Winck explains.

02/11/2023

Starbucks' quarterly profit rose 40%, an encouraging sign considering that customers tend to make their own joe when economic slumps arrive. Rising food sales and customized drinks should help in the next downturn, explains

The $115 bln coffee chain brewed a rich 40% increase in quarterly profit, an encouraging sign considering that customers tend to make their own joe when economic slumps arrive. Rising sales of food and highly customized drinks should help in the next downturn. Ben Winck explains.

02/11/2023

🎙️ The Bank of Japan changed its policy to allow higher 10-year bond yields. Unlike in the US, it can afford to raise borrowing costs slowly as inflation is low. Columnists discuss why monetary tightening as others loosen may give Tokyo an edge

‎Show Viewsroom, Ep Japan’s rates tweak is careful and crafty - 2 Nov 2023

31/10/2023

BVTV: Biden’s new executive order to regulate AI leaves key issues up to Congress. Failure to act means the US risks losing its lead like it did with cryptocurrency, only the stakes are much higher with AI, explains Anita Ramaswamy:

President Joe Biden’s new executive order to regulate artificial intelligence technology leaves key issues up to Congress. Failure to act means the U.S. risks losing its lead like it did with cryptocurrency, only the stakes are much higher with AI, explains Anita Ramaswamy.

31/10/2023

🎙️ Gulf expert Kristian Coates Ulrichsen joins George Hay on The Exchange podcast to discuss the ways in which the Israel-Hamas conflict is both a risk and an opportunity for Saudi Arabia

‎Show The Exchange, Ep Israel’s war is a risk and opportunity for Saudi - 31 Oct 2023

30/10/2023

📺 Siemens Energy’s shares crashed after the wind turbine maker said it was talking to the German government about financial guarantees for projects. It’s a dilemma for the state – but there’s a case for offering assistance amid Europe’s clean energy push, says Karen Kwok https://www.reuters.com/video/watch/bvtv-emergency-power-idRCV00CGQ5

26/10/2023

🎙️ Exxon Mobil and Chevron unveiled deals worth more than $100 billion combined within weeks of each other. Columnists discuss what’s powering the renewed consolidation push – as well as the threats posed to the oil sector by a greener market

‎Show Viewsroom, Ep Real big energy: Exxon and Chevron swim upstream - 26 Oct 2023

25/10/2023

📺 Washington’s latest round of export controls are designed to hinder China’s chipmaking. Yet those same measures will indirectly benefit the country’s homegrown champions https://www.reuters.com/video/watch/bvtv-chip-war-bounty-idRCV00CGDP

24/10/2023

Watch: GM’s third-quarter earnings raise the stakes in a strike. With gas guzzlers doing relatively well, a tough-but-survivable compromise between automakers and an aggressive union seems possible:

The Detroit stalwart’s strong third-quarter earnings raise the stakes in a strike costing it $200 million a week. With gas guzzlers doing relatively well, a tough-but-survivable compromise between automakers and an aggressive union seems possible, Jonathan Guilford explains.

24/10/2023

🎙️ Power grids need to be upgraded for a carbon-free world. But with returns uncertain, attracting cash isn’t easy. Secure Meters CEO Suket Singhal joins Lisa Jucca to discuss how to spur investment, pricing models, and much more

‎Show The Exchange, Ep How to spur investments in greener power grids - 24 Oct 2023

20/10/2023

📺 China invests more than Japan did at the peak of the 1980s asset bubble, it has more debt, and its real estate is more overvalued. Edward Chancellor tells Peter Thal Larsen on Breakout that President Xi’s centralised rule increases the risk of Japanese-style lost decades

China invests more than its neighbour did at the peak of the 1980s asset bubble, it has more debt, and its real estate is more overvalued. Edward Chancellor tells Peter Thal Larsen that President Xi Jinping’s centralised rule increases the risk of Japanese-style lost decades.

19/10/2023

🎙️ Among other consequences, Israel’s new war complicates the path to friendlier relations between it and Saudi Arabia. George Hay and Lauren Silva Laughlin join Aimee Donnellan to discuss possible scenarios for the region – and the implications for the US government

‎Show Viewsroom, Ep Gaza turmoil’s repercussions extend far and wide - 19 Oct 2023

18/10/2023

📽 WATCH: Xi and Putin are meeting in Beijing to reaffirm a "no-limits" pact sealed before the Ukraine war. Bilateral trade has been thriving, chiefly to China’s advantage, says Lisa Jucca. With few other avenues open, Moscow looks more like a vassal than a peer.

17/10/2023

Chris Christie is far behind Donald Trump in the Republican presidential nomination race. Yet billionaire investors are backing him. These seemingly long-shot bets could pay off if legal woes sink Trump’s campaign:

Former New Jersey Governor Chris Christie is far behind Donald Trump in the Republican presidential nomination race. Yet billionaire investors like David Tepper are backing him. These seemingly long-shot bets could pay off if legal woes sink Trump’s campaign, Ben Winck explains.

17/10/2023

🎧 The US-China rivalry is having an impact on almost every aspect of global business and finance. Jared Cohen from Goldman Sachs joins Peter Thal Larsen on The Exchange to discuss how investors should approach geopolitics – and the limits of decoupling

‎Show The Exchange, Ep The financial ramifications of US-China tensions - 17 Oct 2023

16/10/2023

📺 Embracer’s share price is back at 2018 levels, when it stepped up an M&A spree that saw it become Europe’s gaming leader. The group has made its own slip-ups. But its decline also shines a light on the sector’s post-pandemic pains https://www.reuters.com/video/watch/bvtv-levelling-off-idRCV00CFQL

13/10/2023

Watch: Exxon Mobil's $60 bln acquisition of Pioneer could turn out better than its last big shale purchase, XTO Energy. Exxon has hard-won experience on its side. Waning oil demand, though, is a pitfall, Robert Cyran explains:

The oil giant’s $60 bln acquisition of Pioneer could turn out better than its last big shale purchase, XTO Energy. Exxon has hard-won experience on its side. Waning oil demand, though, is a pitfall. Robert Cyran explains.

12/10/2023

🎙️ Britain’s Metro Bank came close to the brink, while several US regional lenders failed earlier this year. Columnists debate whether watchdogs have the right tools to deal with such situations, and whether they’re brave enough to use them

‎Show Viewsroom, Ep Smaller banks pose big problems for regulators - 12 Oct 2023

11/10/2023

Israel’s war with Hamas has investors seeking some measure of stability. As with past conflicts, such as the Sept. 11 attacks and Russia’s invasion of Ukraine, the dollar will be the preferred choice, despite the dysfunction in Washington:

Israel’s war with Hamas has investors seeking some measure of stability. As with past conflicts, such as the Sept. 11 attacks and Russia’s invasion of Ukraine, the dollar will be the preferred choice, despite the dysfunction in Washington. Ben Winck explains.

10/10/2023

🎙️ US policymakers underplayed the spike in consumer prices in 2021. In this episode of The Exchange, former Fed Vice Chair Don Kohn tells Francesco Guerrera that a rule change a year earlier was a key reason why the US central bank failed to lift rates faster

‎Show The Exchange, Ep How the Federal Reserve got inflation wrong - 10 Oct 2023

09/10/2023

📺 Germany’s ruling coalition parties suffered a crushing defeat in key regional elections on Sunday, while the far-right AfD gained significant ground. That will have serious consequences in both Berlin and Brussels, argues Pierre Briançon https://www.reuters.com/video/watch/bvtv-german-vote-idRCV00CF7B